Washington County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Washington County, Texas based on real HMDA transaction records.

Loan Details

US County (Smart Autofill)

Loan Type

Washington County, TX Benchmarks

FHA averages

Typical Property Value$290,179

Average Down Payment5.2%

Average Interest Rate5.413%

Effective Tax Rate0.79%

Median Tax Paid$3,143/yr

Tax Growth (Historical)-1.8%

Based on 112 regional loans totaling $30,850,000 (HMDA database).

Home Price

Down Payment

$15,089 down · $275,090 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$191 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$117 / month

Estimated Monthly Payment

$2,031/mo

Principal & Interest$1,573
Property Tax$191
Home Insurance$150
FHA MIP$117

Amortization · Remaining Balance

Financed Loan Amount

$279,904

Total Interest

$286,554

Total of Payments

$566,458

*Includes financed FHA Upfront MIP of $4,814

Local Market Insights

Washington County FHA Mortgage Overview

Washington County’s FHA market shows accessible entry via a 5.18% down payment, ideal for buyers with sub-620 credit. However, with a 94.82% LTV ratio, mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life, a key factor for any FHA loan calculator with PMI and taxes in Washington County, TX. The 0.79% effective property tax rate, combined with a -1.8% inflation-adjusted tax decline, slightly improves monthly affordability. For those using an FHA loan down payment calculator in Washington County, Texas, this data confirms 100% primary occupancy, meaning no investment property risk. A Washington County FHA mortgage calculator with property taxes must account for permanent MIP costs.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.